What is the median household income in Chesterfield Township, NJ?
The median household income in Chesterfield Township, NJ is $208,836 (±$16,792) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,500 a month would take about $100,000 a year at the common guideline of spending no more than 30% of income on rent.
In Chesterfield Township, the median household income went from $146,823 in 2015–2019 to $208,836 in 2020–2024 (+42.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $208,836 (±$16,792)
- Median renter income
- $142,578 (±$114,419)
- Income to afford median rent
- about $100,000
Income in Chesterfield Township against Burlington County, its state and the nation
| Chesterfield Township | Burlington County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $208,836 (±$16,792) | $108,111 (±$1,600) | $103,556 (±$513) | $80,734 |
| Median renter household income | $142,578 (±$114,419) | $65,698 (±$3,821) | $62,674 (±$718) | $52,966 |
| Median owner household income | $210,898 (±$18,619) | $124,194 (±$2,574) | $133,477 (±$624) | $100,009 |
| Median gross rent | $2,500 (±$769) | $1,745 (±$30) | $1,720 (±$7) | $1,413 |
In Chesterfield Township, median household income is higher than in Burlington County ($108,111).
It is also higher than in New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Burlington County, Chesterfield Township ranks 1 of 40 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 34 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Chesterfield Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,500 a month ($30,000 a year) needs an income of about $100,000 a year.
The median renting household in Chesterfield Township earns $142,578 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $146,823 (±$18,407) | $208,836 (±$16,792) | +42.2% | Up after inflation |
| Median gross rent | $1,517 (±$328) | $2,500 (±$769) | +64.8% | No measurable change after inflation |
| Median home value | $455,800 (±$21,686) | $560,000 (±$37,166) | +22.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Chesterfield Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Chesterfield Township | — | $208,836 (±$16,792) | — |
| Bordentown Township | 2.0 mi | $109,832 (±$11,406) | Lower |
| Bordentown | 3.2 mi | $103,375 (±$22,351) | Lower |
| Mansfield Township (Burlington County) | 3.4 mi | $115,595 (±$18,431) | Lower |
| Groveville | 3.6 mi | $112,188 (±$80,203) | Lower |
| Fieldsboro Borough | 3.9 mi | $91,500 (±$29,113) | Lower |
| North Hanover Township | 4.6 mi | $86,683 (±$8,866) | Lower |
| Yardville | 4.7 mi | $103,274 (±$10,332) | Lower |
| White Horse | 5.4 mi | $105,758 (±$16,802) | Lower |
Nearby places with a measurably lower figure: Bordentown Township, NJ ($109,832), Bordentown, NJ ($103,375), Mansfield Township (Burlington County), NJ ($115,595).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Burlington County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Chesterfield Township | $208,836 (±$16,792) |
| 2 | Moorestown Township | $159,700 (±$16,834) |
| 3 | Medford Township | $157,969 (±$10,774) |
| 4 | Springfield Township (Burlington County) | $146,157 (±$8,153) |
| 5 | Hainesport Township | $142,899 (±$28,094) |
| 6 | Medford Lakes Borough | $141,188 (±$19,825) |
| 7 | Woodland Township | $138,750 (±$67,545) |
Showing 7 of 40 places in Burlington County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Chesterfield Township
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Questions about Chesterfield Township
What is the median household income in Chesterfield Township?
The median household income in Chesterfield Township is $208,836 (±$16,792) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Chesterfield Township?
About $100,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,500 a month.
Have incomes in Chesterfield Township kept up with inflation?
In Chesterfield Township, the median household income went from $146,823 in 2015–2019 to $208,836 in 2020–2024 (+42.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Chesterfield Township?
The median renting household in Chesterfield Township, NJ earns $142,578 (±$114,419) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Chesterfield township, Burlington County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Chesterfield township, Burlington County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Chesterfield township, Burlington County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Chesterfield township, Burlington County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Chesterfield township, Burlington County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Chesterfield township, Burlington County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Chesterfield township, Burlington County, New Jersey (county subdivision:12670, in state:34 county:005).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Chesterfield Township at a glance
- Home values in Chesterfield Township
- Homeowner costs in Chesterfield Township
- Property taxes in Chesterfield Township
- Types of homes in Chesterfield Township
- Age of homes in Chesterfield Township
- Heating fuel in Chesterfield Township
- Commute and cars in Chesterfield Township
- Crime reported to police in Chesterfield Township
- Population growth in Chesterfield Township
- How long people stay in Chesterfield Township
- Fair Market Rent in Chesterfield Township
- New Jersey landlord and tenant rules
- Housing across Burlington County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey